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ASE Technology Holding Co., Ltd. - ASX STOCK NEWS

Welcome to our dedicated page for ASE Technology Holding Co., Ltd. news (Ticker: ASX), a resource for investors and traders seeking the latest updates and insights on ASE Technology Holding Co., Ltd. stock.

ASE Technology Holding Co., Ltd. (symbol: ASX) is a leading provider of semiconductor assembly and testing services, headquartered in Kaohsiung, Taiwan. The company operates through three main segments: Packaging, Testing, and Electronic Manufacturing Services (EMS). ASE Group’s EMS segment is its top revenue generator, focusing on the design, manufacture, and sale of electronic components and telecommunication equipment motherboards.

The Packaging segment specializes in converting bare semiconductors into completed devices with enhanced electrical and thermal properties. Meanwhile, the Testing segment offers a comprehensive range of services, including front-end engineering, wafer probing, and final testing.

ASE Technology Holding Co., Ltd. is based in Taiwan but generates more than half of its sales from companies in the United States. The company has a global footprint, with advanced technological capabilities and a presence in countries such as China, South Korea, Japan, Singapore, Malaysia, Vietnam, Mexico, and Tunisia, as well as the United States and Europe.

Despite a competitive landscape, ASEH continues to innovate and expand. The company reported its unaudited net revenues of NT$154,167 million for 3Q23, reflecting a year-over-year decline of 18% but a sequential increase of 13%. Notably, the net income attributable to shareholders for the quarter was NT$8,776 million, down from NT$17,465 million in 3Q22 but up from NT$7,740 million in 2Q23.

For the full year of 2023, ASE Technology Holding reported unaudited net revenues of NT$581,914 million and a net income of NT$31,725 million. The company continues to deliver reliable, high-quality products and services, bolstered by a commitment to breakthrough innovations and advanced development programs.

For the latest updates and more information, visit the ASE Technology Holding Co., Ltd. website.

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Advanced Semiconductor Engineering, Inc. (NYSE: ASX) has introduced its latest Fan-Out-Package-on-Package (FOPoP) solution aimed at enhancing performance in mobile and networking markets. This innovative packaging technology, part of the ASE VIPack™ platform, achieves a 3x reduction in electrical path and an 8x increase in bandwidth density, facilitating up to 6.4 Tbps of engine bandwidth. Benefits include lower latency, improved energy efficiency from 25pJ/bit to 5pJ/bit, and a 40% reduction in height compared to traditional packages. FOPoP addresses complex integration needs, making it crucial for the advancement of applications like 5G and silicon photonics.

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ASE Technology Holding Co. (NYSE: ASX) reported unaudited consolidated net revenues for February 2023 amounting to NT$39,985 million (approximately US$1,327 million), reflecting an 11.4% sequential decline and an 8.8% year-over-year decrease. The ATM assembly, testing, and material sectors generated net revenues of NT$23,177 million (around US$769 million), a 4.9% decrease from January 2023 and a 10.8% decline compared to February 2022. The company notes that these results raise concerns regarding ongoing market conditions and competitive pressures within the semiconductor industry.

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ASE Technology Holding Co., Ltd. (NYSE: ASX) reported its revised unaudited consolidated net revenues for December, Q4, and full year 2022. For December 2022, net revenues decreased by 11.6% sequentially to NT$ 53,139 million (US$ 1,736 million), and by 10.9% year-over-year. Q4 revenues were NT$ 177,417 million (US$ 5,652 million), marking a 5.9% decline sequentially and a 2.6% increase year-over-year. Full year revenues rose by 17.7% to NT$ 670,873 million (US$ 22,579 million). Significant revenue drop in ATM assembly and testing services was noted, impacting the overall performance.

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ASE Technology Holding Co. Ltd. (ASX) reported unaudited consolidated net revenues for January 2023, totaling NT$45,131 million, a decline of 15.1% sequentially and 7.1% year-over-year. In USD terms, revenues fell to $1,477 million, reflecting a drop of 14.9% sequentially and 16.1% year-over-year. The ATM assembly, testing, and material business saw net revenues of NT$24,371 million, down 14.4% sequentially and 11.4% year-over-year. The company continues to navigate challenges in the semiconductor industry, with forward-looking statements highlighting potential market fluctuations and regulatory impacts.

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ASE Technology Holding Co., Ltd. (TWSE: 3711, NYSE: ASX) reported net revenues of NT$177,417 million for 4Q22, reflecting a 3% year-over-year increase but a 6% decline sequentially. Net income attributable to shareholders fell to NT$15,730 million, down from NT$30,916 million in 4Q21. Basic and diluted earnings per share for 4Q22 were NT$3.77 and NT$3.57, respectively. For the full year, net revenues reached NT$670,873 million, an 18% increase from 2021, with net income of NT$62,090 million. The gross margin for 4Q22 decreased to 19.2% from 20.1% in 3Q22, highlighting operational challenges amidst an evolving semiconductor market.

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Advanced Semiconductor Engineering, Inc. (ASE) has been inducted into the World Economic Forum's Global Lighthouse Network, recognizing its Kaohsiung bumping factory as a leader in adopting Fourth Industrial Revolution technologies. This accolade highlights ASE's commitment to enhancing productivity, with a reported 67% increase in output and a 39% reduction in order lead times. ASE is among the 18 new GLN sites added, joining a total of 132 manufacturers globally. The company aims to drive digital transformation in smart manufacturing, optimizing technologies for a competitive edge in the semiconductor industry.

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ASE Technology Holding Co. Ltd. (NYSE: ASX) reported its unaudited consolidated net revenues for November 2022. The company achieved NT$60,107 million ($1,889 million), reflecting a 6.3% decrease from October 2022 and a 0.7% decline year-over-year. For the ATM assembly, testing, and material business, net revenues were NT$32,650 million, representing a 1.7% decrease from the prior month but a 7.1% increase from November 2021. The pro forma basis results showed a similar trend, with net revenues for November at NT$60,107 million.

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Advanced Semiconductor Engineering, Inc. (ASX) has announced the groundbreaking of a new semiconductor assembly and testing facility in Penang, Malaysia. This investment of USD300 million over five years will create 2,700 jobs and double ASE's production space to 2 million square feet. The new facility, expected to be completed by 2025, will focus on high-demand packaging products and will implement green construction methods. ASE's expansion underscores its commitment to enhancing its global semiconductor operations and leveraging Penang's skilled workforce.

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ASE Technology Holding Co., Ltd. (ASX) reported its unaudited consolidated net revenues for October 2022 at NT$ 64,171 million, marking a 3.7% decrease from September 2022 but a 21.7% increase year-over-year. In USD, revenues stood at $2,027 million, down 6.9% sequentially but up 6.9% year-over-year. ATM assembly net revenues also saw a slight sequential increase of 2.2% and a year-over-year rise of 9.0%. This release highlights the company's monthly performance against macroeconomic dynamics affecting the semiconductor industry.

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FAQ

What is the current stock price of ASE Technology Holding Co., Ltd. (ASX)?

The current stock price of ASE Technology Holding Co., Ltd. (ASX) is $9.93 as of November 22, 2024.

What is the market cap of ASE Technology Holding Co., Ltd. (ASX)?

The market cap of ASE Technology Holding Co., Ltd. (ASX) is approximately 21.4B.

What are the main business segments of ASE Technology Holding Co., Ltd.?

The main business segments are Packaging, Testing, and Electronic Manufacturing Services (EMS).

Where is ASE Technology Holding Co., Ltd. headquartered?

The company is headquartered in Kaohsiung, Taiwan.

What does the Packaging segment of ASE Technology do?

The Packaging segment converts bare semiconductors into completed devices with enhanced electrical and thermal properties.

What services are offered in the Testing segment of ASE Technology?

The Testing segment includes front-end engineering testing, wafer probing, and final testing services.

What products are designed and manufactured in the EMS segment of ASE Technology?

The EMS segment focuses on the design, manufacture, and sale of electronic components and telecommunication equipment motherboards.

What is the revenue contribution from the EMS segment?

The EMS segment is the top revenue generator for the company.

Where does ASE Technology generate most of its sales?

More than half of its sales come from companies in the United States.

How did ASE Technology perform financially in 3Q23?

The company reported NT$154,167 million in revenues for 3Q23, down 18% year-over-year but up 13% sequentially, with a net income of NT$8,776 million.

What were the annual revenues and net income for ASE Technology in 2023?

The company reported annual revenues of NT$581,914 million and a net income of NT$31,725 million for 2023.

Where can I find more information about ASE Technology Holding Co., Ltd.?

Please visit their official website at https://www.aseglobal.com for more details.

ASE Technology Holding Co., Ltd.

NYSE:ASX

ASX Rankings

ASX Stock Data

21.45B
2.16B
7.56%
0.55%
Semiconductors
Technology
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United States of America
Kaohsiung